Regular Savings Accounts: The Best Currently Available List!

Speculator

Bigwheels1111 said:

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

External works from memory, internal transfers are next day.
The first one that is.

allegro120 said:

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

I can confirm doing it in the past without any implications. I've opened a new one 2 days ago and funded it from external bank, payment came through immediately.

thanks, just did it and appeared in my TSB monthly in less than 10 secs!

HHUK

where_are_we said:

In effect the Xmas RS1 can be used as easy access RS with one penalty withdrawal allowed each year. 

In order to comply with the account's terms and conditions, I have set up a standing order to pay £1 a month into the Furness Christmas Regular Saver Issue 1. The NatWest Digital Regular Saver is far more flexible, allowing unlimited instant withdrawals, and not ending after 12 months.

Whilst the maximum 'normal' monthly amount that can be paid into the NatWest account is £150 a month, that can be boosted (substantially if people can be bothered to 'work' the system) by rounding up expenditure on the NatWest debit card. The higher rate of interest is paid on sums up to a maximum of £5,000 in the NatWest Digital Regular Saver, so I probably won't increase the amount of my standing order to the Furness unless or until I have accrued £5,000 in the NatWest account.

All that having been said, the main purpose of my earlier posting was to make the point that the Furness accepted ordinary copies of my ID documents, and did not insist on seeing the originals or certified copies, contrary to what had been suggested elsewhere in this thread.

gelato_cat

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

The T&Cs say: "You can only pay money into your account by standing order from a TSB current account.".  So, while it may be possible to do a FP from a different bank, they might penalise you for breaking the T&Cs.

Speculator

Suzey said:

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

The T&Cs say: "You can only pay money into your account by standing order from a TSB current account.".  So, while it may be possible to do a FP from a different bank, they might penalise you for breaking the T&Cs.

During the account opening process, it does ask how you intend to fund the Monthly Saver. One of the options on the drop down menu is by transfer/SO from an external bank/BS.

gelato_cat

Speculator said:

Suzey said:

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

The T&Cs say: "You can only pay money into your account by standing order from a TSB current account.".  So, while it may be possible to do a FP from a different bank, they might penalise you for breaking the T&Cs.

During the account opening process, it does ask how you intend to fund the Monthly Saver. One of the options on the drop down menu is by transfer/SO from an external bank/BS.

Yes - I always go by the T&Cs though because I think that's what they'll point to in the event of a dispute.

I've also noticed that some places have a key facts document and a T&C document for each product.  On the T&C document, they say "if these two documents don't match, then whatever it says in this one goes".  So they are trying to close loopholes in the "you told me two different things" conversation.

allegro120

Suzey said:

Speculator said:

can anyone confirm it's okay to pay into the TSB monthly saver from an external Bank?

Just opened one today and want to pay into it asap. Tried to do the transfer internally @ TSB but couldn't.

The T&Cs say: "You can only pay money into your account by standing order from a TSB current account.".  So, while it may be possible to do a FP from a different bank, they might penalise you for breaking the T&Cs.

I've done it in the past and wasn't penalised (i.e. received interest as expected). Not all rules outlined in bank's/BS's T&Cs are implemented and when they are the system simply won't let you do it - for example, I could not open a new TSB monthly saver until the anniversary of the previous one or First Direct won't let you fund their RS by any other method. 

francoghezzi

I opened the Loyalty Skipton RS on January 11th and paid in immediately the first £250. Tonight I tried to send the second deposit but it was refused. Contrary to what stated by someone on this Forum it appears that the deposits are not per calendar month, so in my case I might wait till February 11th to be able to deposit again. Am I right? Anyone had the same experience?

JamesRobinson48

francoghezzi said:

I opened the Loyalty Skipton RS on January 11th and paid in immediately the first £250. Tonight I tried to send the second deposit but it was refused. Contrary to what stated by someone on this Forum it appears that the deposits are not per calendar month, so in my case I might wait till February 11th to be able to deposit again. Am I right? Anyone had the same experience?

If you try again in a few hours I'm confident it will work fine. I always fund this account on the first day of the month. Just not at 01:30 a.m.

Kim_13

JamesRobinson48 said:

francoghezzi said:

I opened the Loyalty Skipton RS on January 11th and paid in immediately the first £250. Tonight I tried to send the second deposit but it was refused. Contrary to what stated by someone on this Forum it appears that the deposits are not per calendar month, so in my case I might wait till February 11th to be able to deposit again. Am I right? Anyone had the same experience?

If you try again in a few hours I'm confident it will work fine. I always fund this account on the first day of the month. Just not at 01:30 a.m.

This. Had the same a few months ago and it did go through in the morning.

francoghezzi

Kim_13 said:

JamesRobinson48 said:

francoghezzi said:

I opened the Loyalty Skipton RS on January 11th and paid in immediately the first £250. Tonight I tried to send the second deposit but it was refused. Contrary to what stated by someone on this Forum it appears that the deposits are not per calendar month, so in my case I might wait till February 11th to be able to deposit again. Am I right? Anyone had the same experience?

If you try again in a few hours I'm confident it will work fine. I always fund this account on the first day of the month. Just not at 01:30 a.m.

This. Had the same a few months ago and it did go through in the morning.

Thanks both of you. Strange anyway. I deposited just after midnight to Gatehouse and Principality and the payment went through in an hour. Skipton refuses debiit card payments and Yorkshire BS is taking hours. That's why I thought Skipton was not calendar month, something like First Direct